A college savings account in a child’s name not only gives parents hope for the future, it also results in improved social-emotional health for their children.
Child savings accounts promote positive social-emotional development, study finds
Tag: Child Development Accounts (CDA) News
CSD research for Department of Education will contribute to federal college savings policy
The U.S. Department of Education (DOE) recently launched the first large-scale test of college savings accounts when it incorporated a college savings and financial counseling component into GEAR UP (Gaining Early Awareness for Undergraduate Programs), its initiative to prepare youth for college.
A new approach to social welfare celebrates 21 years
Asset-building scholars, policymakers, and foundations gathered earlier this month in Washington, DC to celebrate the 21st anniversary of “Assets and the Poor: A New American Welfare Policy.”
Impact of ‘Assets and the Poor’ continues to grow 20 years after its release
In Assets and the Poor, Michael Sherraden, PhD, the Benjamin E. Youngdahl Professor of Social Development at the Brown School at Washington University in St. Louis, writes that asset accumulation is structured and subsidized for many non-poor households, primarily via retirement accounts and home ownership.
Brown School alumna active in American Dream Demonstration research wins prestigious award
The Center for Social Development congratulates Michal Grinstein-Weiss on her receipt of the Deborah K. Padgett Early Career Achievement Award from the Society for Social Work and Research.
Savings accounts in child’s name provide lifelong benefits
Child Development Accounts are savings accounts that begin as early as birth. CDAs allow parents and children to accumulate savings for post-secondary education, homeownership or business initiatives.
CSD to collaborate on plan to broaden reach of Youth Savings Accounts
The availability of savings products for young people, especially in the developing world, remains extremely limited despite demand for safe and regulated institutions, a large potential market, and growing evidence about the potential of savings to benefit youth.
Child Development Accounts and CSD research featured by the Federal Reserve Bank of St. Louis
The Federal Reserve Bank of St. Louis devoted a feature article in the spring issue of its publication, Bridges, to Child Development Accounts, an innovative tool for making long-term investments in children.
CSD publishes new data on child savings
The Center for Social Development announces the publication of the March 2009 SEED Account Monitoring research report.